Infrastructure: Future Investments at RiskDue to the economic crisis caused by the pandemic, the income of the Costa Rican Social Security Fund was reduced, which puts at risk the financing of 120 infrastructure projects that together total an investment of approximately $1.521 billion.Monday, November 16, 2020
Prior to the pandemic, Caja Costarricense del Seguro Social (CCSS) plans were to tender and execute over the years 2021-2030, more than a hundred infrastructure projects. Source: Nacion.com ¿Le interesan los proyectos de construcción en Centroamérica?Conozca nuestro servicio de información que detalla las grandes construcciones que se están desarrollando en la región. Incluye urbanizaciones, edificios, hoteles, locales comerciales, carreteras e infraestructura pública, entre otros. Ver ahora Closing of Companies: Counting of the DamagesDecember 2020 In the first quarter of 2020, just before the crisis generated by covid-19 began, there were 72,972 formal businesses registered in Costa Rica. In the second quarter the figure fell 6% and by September there was a slight recovery. Construction: Complicated Present, Uncertain FutureNovember 2020 Due to the suspension of several projects and the political, economic and fiscal situation in Costa Rica, it is expected that the economic activity of the construction industry will close the year in the red and for 2021 a scenario of much uncertainty is predicted. Nicaragua: Consumption OutlookApril 2020 Once the economy begins to return to normal, as the phases of the pandemic are overcome in the country, it is estimated that the demand for meals outside the home will have decreased by 13%. Tourism in Danger by Covid-19March 2020 One of the most relevant sectors for the Costa Rican economy is declared in "Total Emergency and State of Calamity", as it is the first time in the "zero" season that total income ceases.
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